Abstract

Research background:The authors are providing an update to the ongoing process of Brexit and the negotiations between the UK and the EU, following their own previous research in this area.Purpose of the article:In 2019, the aviation sector in the UK ranked as the third largest in the world. London Heathrow, a hub to many UK airlines, ranked as Europe’s busiest airport and seventh busiest in the world. [1] Brexit negotiations between the UK and the EU, in the context of globalization and the existing deep ties within the EU institutions, presents a complex task. Following the Brexit referendum in June 2016, where the majority of the electorate decided that Britain should leave the EU, events have progressed significantly by the UK leaving the EU formally at 23:59 on the 31st January 2020. However, negotiations are still ongoing and when it comes to Aviation, the outcome in many key areas is still uncertain.Methods:The article is based on data and information collation as well as the authors’ experience within the industry.Findings & Value added:Once the transition period terminates on the 31st December 2020, Brexit will have a significant influence on trading in the European domestic market and globally on the international market. This paper discusses available options for the UK and the EU that follow from existing decisions in the Brexit bill, as well as outlining possible future developments. Furthermore, in light of the existing threats to the Aviation industry from the ongoing COVID-19 pandemic and the cessation of air travel for many weeks, adjustments to the Brexit plan might be required.

Highlights

  • The industry has changed significantly in the past 25 years

  • Findings & Value added: Once the transition period terminates on the 31st December 2020, Brexit will have a significant influence on trading in the European domestic market and globally on the international market

  • Important changes have been driven by globalization, market liberalization and integration of European states into the Joint Aviation Authorities (JAA) and subsequently EASA

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Summary

Introduction

The industry has changed significantly in the past 25 years. Important changes have been driven by globalization, market liberalization and integration of European states into the Joint Aviation Authorities (JAA) and subsequently EASA. The European Single Market removed trade barriers and allowed free movement of goods, people, services and capital, whilst common policies and regulations were maintained. Single European Skies laid down regulations on framework, service provision, airspace and interoperability. Both of these projects are considered to be major achievements of the European Union and its predecessor, the European Community. A high level of integration and liberalization enabled the EU member states to enjoy free market privileges which in the aviation industry led to the establishment of several low-cost airlines, increased competition and industry growth overall

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